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China 2021: Pr”OX”y for growth

Awards

After taking the pandemic bull by its horns in the previous year, China has emerged from the health crisis to lead the global economic recovery. In 2021 – year of the metal ox as per the lunar calendar – China is expected to press on with reforms that promote long-term sustainable growth including expanding domestic demand and prioritising indigenous technology.

At HSBC Asset Management, we have been managing Chinese assets through various market cycles for over 30 years. Join us as we navigate China’s transition into the post-pandemic new normal and identify exciting investment opportunities along the way.


China economy in charts

China leads global economic recovery

After emerging as the only major economy to record positive growth in 2020, China’s GDP growth is expected to accelerate to 8.5% in 2021

Source: Bloomberg, HSBC Asset Management, January 2021.
Any forecast, projection or target contained in this presentation is for information purposes only and is not guaranteed in any way. HSBC Asset Management accepts no liability for any failure to meet such forecasts, projections or targets.
For illustrative purpose only.


China market outlook

View our videos for a quick snapshot of the market outlook and key drivers of Chinese equities and China bonds in the Year of the Ox

Chinese equities in the Year of the Ox

Chinese equities in the Year of the Ox

In this video, Caroline Yu Maurer, Head of China and Hong Kong Equities, shares her views on the outlook for Chinese equity markets on the back of the first year of China’s Five Year Plan (2021-2025).

China bonds in the Year of the Ox

China bonds in the Year of the Ox

In this video, Ming Leap, Portfolio Manager of Asian Fixed Income and Lead Manager of the RMB Fixed Income Strategy, shares his views on how to capture the growth and yield opportunities in China’s fixed income market.

Hear from our experts

Webinar

China bonds: Much more than a global yield play

Renee Chan

Renee Chen
Senior Economist & Investment Strategist

Ming Leap

Ming Leap
Portfolio Manager, Fixed Income

Geoffrey Lunt

Geoffrey Lunt
Senior Investment Specialist, Fixed Income

As China’s economic growth rate returns to its pre-Covid levels, the RMB continues to strengthen and inflation rates remain low, its bond market has claimed the global investment spotlight. In addition to attractive yields, China fixed income offers an array of investment opportunities to global investors seeking growth and diversification. As a result, foreign inflows into China's bond market have sustained their momentum in the first two months of 2021, even after scaling record highs in 2020. In this webinar, Renee Chen, Ming Leap and Geoffrey Lunt will discuss their views on China’s new Five-Year Plan (2021-2025), its economic blueprint, and thoughts on attractive opportunities within China bonds in the Year of the Ox.

16 March 2021

Watch video


Resources

China Insights: Inflation fears – mistaking a bow for a snake

China Insights

Monthly update on Chinese markets
18 June 2021

China bonds - market forces awaken

China Insights

Monthly update on Chinese markets
24 May 2021

Onshore equities - a valuation reboot

China Insights

Monthly update on Chinese markets
19 April 2021

Allocating to China fixed income

Allocating to China fixed income

How should global investors think about RMB bonds now that the market has come of age?
16 April 2021

Article: What is the Greater Bay Area?

Article: What is the Greater Bay Area?

This article explains the historical context and investment implications of the Greater Bay Area.
05 April 2021

NPC 2021 - a roadmap for future development

China Insights

Monthly update on Chinese markets
10 March 2021

China fixed income in the Year of the Ox

China fixed income in the Year of the Ox

In this interview, Ming Leap shares his latest views on the growth and yield opportunities in China's fixed income market in the Year of the Ox.
08 February 2021

Chinese equities in the Year of the Ox

Chinese equities in the Year of the Ox

In this interview, Caroline Yu Maurer discusses the prospects of Chinese equities and the key opportunities in onshore and offshore markets in 2021.
08 February 2021

Hot topic: China walks policy tightrope between growth and risks

China Insights

Monthly update on Chinese markets.
08 February 2021

Asia outlook: Recovery 2021

Asia outlook: Recovery 2021

After a wild ride in 2020, Renee Chen, Senior Investment Strategist, shares her 2021 outlook on the economic recovery in Asia.
09 December 2020

Asia in charts: Opportunities in a post-pandemic new normal

Asia in charts: Opportunities in a post-pandemic new normal

View this brochure for a series of charts on the economic outlook for Asia in 2021 as well as the investment opportunities in Asian equities and fixed income.
08 December 2020

 

China bonds in the Year of the Ox

In this video, Ming Leap, portfolio manager of Asian Fixed Income and lead manager of the RMB fixed income strategy, shares his views on how to capture the growth and yield opportunities in China’s fixed income market.
08 February 2021

Chinese equities in the Year of the Ox

In this video, Caroline Yu Maurer, head of China and Hong Kong equities, shares her views on the outlook for Chinese equity markets on the back of the first year of China’s Five Year Plan (2021-2025).
08 February 2021

Asia multi-asset high income – Lower, no longer

This video explains the attractive characteristics of our Asia multi-asset high income strategy and why investors should consider this strategy to capitalise on Asian growth.
04 January 2021

Asia high yield: Standing tall in a low yield world

Asian high yield bond markets have attracted strong flows in 2020 despite the challenging global environment. Watch this video to learn why Asia high yield continues to stand out as an asset class, particularly as the “lower-for-longer” scenario persists.
18 December 2020

 

Allocating to China fixed income

The opportunity set in Chinese bonds has grown dramatically for global investors in the past decade.
19 April 2021

China Equity - Top three considerations for investors in 2021

In this podcast, Alexander Davey, Senior Investment Specialist, identifies a set of factors that put China equity on a strong footing
22 March 2021

Asia multi-asset high income – Lower, no longer

In this podcast, Jimmy Choong, Associate Director, Multi-Asset & Wealth, explains the attractive characteristics of our Asia multi-asset high income strategy and why investors should consider this strategy to capitalise on Asian growth.
04 January 2021

Asia equities 2021: multi-themes in a restoration economy

Alexander Davey, Senior Product Specialist, explains why an evolving multi-thematic strategy is well suited to capture opportunities in Asia’s restoration economy of 2021.
28 December 2020

 

Allocating to Asia

Why should you include the region in your global portfolio?
18 May 2021

China fixed income in charts

View this brochure to learn more about the growth, opportunities and integration of the China bond market.
01 April 2021

 

Explore our Chinese investment capabilities

Find fund factsheets, performance data, prices and other information about HSBC funds. Learn more about our Chinese equity funds, China bond funds and other offerings.
Disclaimer

This page is prepared for general information purposes only and does not have any regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive it. Any views and opinions expressed are subject to change without notice. This document does not constitute an offering document and should not be constructed as a recommendation, an offer to sell or the solicitation of an offer to purchase or subscribe to any investment.